If you wrote a check and someone cash it but you dont have money the bank?

Question

I made a check for my brother and I didnt relize that I didnt have enouph in my bank account. He said he already cash it. So I think he got the money. Who would that effect me or him. Would my account bounce the check if he already cash it?

He's not putting the check in his bank. I pay him for my laptop that he help me get and then he writes a check in his name and send it to gateway.

Answer 1

that effects you!! they charge you for bouncing checks. not him

Answer 2

If you don't have enough in your account, your bank will return the check to his bank...your bank will charge you a NSF fee (usually around $25-$35).

When his bank gets the check back they will remove the funds from his account and charge him a fee as well (usually between $5-$15 dollars). If this in turn overdraws his account his bank will also charge him an NSF fee.

Then usually his bank will send it back to your bank for a second try at taking the money from your account...If you again do not have funds in your account it will be returned a second time and this time most likely stamped with "do not redeposit."

If his bank does submit it for a second time they will put a credit on his account, but not make that credit available to him for about 15 days our until the check comes back NSF a second time.

If he does incure fees he is within his right to ask you to pay those for him.

Answer 3

Assuming you don't have overdraft protection then yes the check will bounce and the bank will subtract back the money from his account. You will get a fee for bouncing the check. He won't get a fee for depositing a bad check, but if any checks he wrote bounced because the funds were subtracted back out of his account he would get fees for that.

Answer 4

Yes they will charge your Brother a bounced check fee and take the money back. Then they will charge you a bounced check fee! Go to the bank and take care of this. It can bounce again, before you even get the notice and they charge you every time! It can also cause other checks in your Brother's account to bounce and he will get more charges!!! Go to the bank NOW!

Answer 5

If you are a good bank customer and have not had problems in the past they will probably cover the check for your brother. Also if you have direct deposit they would probably cover it. They will take it out of your account and you will have a negative balance. The next time you deposit money they will take their money back and you will have a positive balance if you put enough in. You will also have to pay an NSF fee. Your bank should mail you a notice or you can call them or go on-line to see what your balance is.

Answer 6

You will more than likely show a negative balance on your account, and you WILL have to pay that money back to the bank..Along with any additional charges the bank might charge you, such as a fee for bouncing a check.

Answer 7

You'll bounce unless you have overdraft protection on your account. I would call the bank right away and see what you have, asking what it would involve to get the overdraft protection if I didn't already have it. I have it and all that happens is they take money from my savings account and transfer it over automatically. That is off course with the requirement that my savings has enough to cover any overdraw. It gives me peace of mind, plus I save $ better so I will never get 'caught' with ODraft charges. Good Luck

Answer 8

If you have another account the bank will pull the money from that account into your checking. It will charge you an overdraft fee for the transaction. So it will affect your account. The bank will give him the money but you will be penalized for writing a check for money you dont have.

Answer 9

You need to check if your bank paid it. If they honoured it they will charge you and if they returned it unpaid (bounced) it, you will be charged. It wont affect your brother unless he wrote a cheque or was relying on the money to cover something else. Also it depends whether you guaranteed the cheque with a cheque guarantee card. If your bank do charge you then speak to them and sometimes they will refund a charge. This applies in the UK.

Answer 10

The check may bounce, making your brother liable to repay his bank. You'll get a fee from your bank.

Answer 11

It's bouncing on you... It'll affect him only if he deposited it and spent it before it cleared. That'll give him an overdraft if he didn't have other money to cover it. Not very nice of you...

But if he cashed it at your bank and received cash for it, no harm to him, and boing boing boing for you. Sorry to be so harsh, it's just the way banks work.